Form 4: SouthState Corp Director David G. Salyers Acquires Shares Through Restricted Share Units
SEC Form 4
Director David G. Salyers acquired 1,136 shares of SouthState Corp through vested Restricted Share Units (RSUs) on May 1, 2025.
Summary
- On May 1, 2025, David G. Salyers, a director of SouthState Corp, acquired 1,136 shares of common stock.
- The acquisition was through the vesting of Restricted Share Units (RSUs) granted as part of the annual director fees.
- The RSUs vested on November 1, 2025.
- The price per share was $87.65.
Sentiment
Score: 6
Explanation: Neutral sentiment. This is a routine transaction related to director compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This is a standard Form 4 filing, reflecting a director's acquisition of company stock, which is a common occurrence in publicly traded companies. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Grant of Restricted Share Units and acquisition of shares. |
| 11/01/2025 | Date the Restricted Share Units vested. |
| 05/02/2025 | Date of Form 4 filing. |
Keywords
SouthState Corp, Director, David G. Salyers, Restricted Share Units, RSUs, Stock Acquisition, Beneficial Ownership, Form 4
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